Class Warfare May News Today : Breaking News, Live Updates & Top Stories | Vimarsana

we're talking about on wealthy americans. some of the taxes we have talked about before, limiting those itemized deductions that the wealthy take. closing loopholes on hedge fund managers, oil and gas companies, corporate jet owners and also letting the bush era tax cuts for the wealthiest americans expire when they are set to. also a little more than $1 trillion in war savings. of course, we do know that the wars in afghanistan and iraq are already going to be winding down. and that's something that republicans are hitting on. and frequently both sides have used this when they do th...

What are we doing? ♪ look, class warfare may be clever politics, but it's terrible economics. those committed to the mind set of shared scarcety are telling future generations sorry, you're going to have to make due with much less. your taxes will go up, because washington can't get government spending down. if we surrender more control of our economy to a governing class, that's the class warfare that threatens us. determining our destinies for us. >> we as democrats, we as progressives need to be just as concerned as anybody else, because that's how we will be able to move our vision forwa...

And then we will look at the other thing that those have. all these things and the gang of six. they will look at it in the same way we looked at all of those. >> your tone sounds far more optimistic and the republicans including o ren hatch and speaker boehner what we heard over the sunday morning programs. the republicans are really going on the attack about this plan. let's play it. >> with regard to his tax rate, if he is feeling guilty, he should send a check. we don't want to stag nate this economy by raising taxes. >> class warfare may make for good politics. >> you pick one area of the...

Buffett. number two on the forbes list of richest americans and a self-man meat worth $47 billion. mr. buffett believes his tax rate is completely unfair. what his secretary pays the middle class rate of 29% on her salary of $60,000 a year, mr. buffett pays just 17% on the reported $46 million he earned last year. he said that's unfair. the congressional republicans need to stop in buffett's words caudling billionaires. the caudling billionaires is almost second nature. they responded with a familiar cry. >> class warfare may make for good politics and it makes for rotten economics. we don't n...